More bankruptcies in October, downward trend

The number of corporate bankruptcies has increased, according to Statistics Netherlands (CBS). There were 20 more bankruptcies in October than in September 2017. Despite this increase, the trend is still downward. Most bankruptcies in October were recorded in the trade sector.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), adjusted for court session days
 number
2013 N607
2013 D588
2014 J633
2014 F645
2014 M556
2014 A648
2014 M583
2014 J492
2014 J566
2014 A490
2014 S487
2014 O563
2014 N517
2014 D465
2015 J500
2015 F505
2015 M574
2015 A470
2015 M456
2015 J427
2015 J441
2015 A333
2015 S339
2015 O395
2015 N411
2015 D420
2016 J401
2016 F483
2016 M394
2016 A385
2016 M343
2016 J384
2016 J371
2016 A287
2016 S299
2016 O303
2016 N417
2016 D332
2017 J334
2017 F289
2017 M301
2017 A260
2017 M278
2017 J297
2017 J263
2017 A229
2017 S234
2017 O254

Downward trend

The number of bankruptcies shows an irregular pattern with many ups and downs. Adjusted for court session days, the number of bankruptcies peaked in May 2013. This was followed by a downward trend, reaching its lowest level (since 2001) in August 2017. October’s increase comes after a modest rise in September, but it is premature to conclude that the increase in bankruptcies over the past two months has a structural effect on the overall trend.

Most bankruptcies recorded in trade sector

If the number of court session days is not taken into account, 288 businesses and institutions (excluding one-man businesses) were declared bankrupt in October 2017. With a total of 56, the trade sector suffered most.

Trade is among the sectors with the highest number of businesses. In October, the number of bankruptcies was relatively highest in the sector transport and storage.

Number of bankruptcies of businesses and institutions (excluding one-man businesses), by sector, October 2017
Number of bankruptcies of businesses and institutions (excluding one-man businesses), by sector, October 2017
 number
Trade56
Financial services42
Specialised business services38
Construction35
Manufacturing22
Information; communciation21
Transport; storage16
Accommodation; food15
Renting; other business services14
Care11
Real estate activities7
Culture; sport; recreation2

The figures in this publication are provisional and can be adjusted

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